Singapore, the most influential country of South-East Asia, has entered into bilateral relations with the Republic of India. Being a global finance, transportation commercial hub, Singapore will lend a hand in the planning and development of some cities of India. The two countries have always had strong cultural and commercial relation and this agreement is to augment the infrastructure development, economic correlations and trade in India.
Firstly, Singapore set foot in the Indian real estate industry by lending financial and intellectual support to some of Modi’s smart city projects. The prime minister of Singapore welcomed this proposal and expressed genuine interest in making India infrastructural and technologically advanced. Last year, the country entered into a pact to develop Andhra Pradesh’s new capital going by the name of Amaravati. The International Enterprise Singapore will help in preparing the master plan of this new capital city and in providing proper guidance in urban development and governance. [Read more…]